As a falling wedge pattern forms, Shiba Inu (SHIB) appears to be ready for a bullish breakout.
The price of SHIB has been declining inside an area defined by two contracting trendlines, supported by a fall in trading volume. This demonstrates that investors are less concerned about the decline.
As a result, after the price closes above the structure’s top trendline, falling wedges often give an excellent springboard for an upward break. SHIB followed a similar topside break on Thursday.
The token nearly closed above the falling wedge’s upper trendline, reaching an intraday high of $0.00003290. The upward movement increased expectations that SHIB would continue its upward trend in the coming sessions, with Fiery Trading experts adding that a continuous positive pullback throughout the crypto market would strengthen the altcoin’s upside bias even more.
 appears to be ready for a bullish breakout. The price of SHIB has been declining inside){kind=link}